IOC cuts non-subsidised LPG price by Rs 23.5/cylinder to Rs 585 in Delhi

NEW DELHI: Price of non-subsidised LPG, which consumers buy after exhausting their quota of subsidised cooking fuel, was today cut by Rs 23.50 per 14.2-kg bottle, in sync with international rates.

Non-subsidised cooking gas (LPG) price in Delhi has been cut to Rs 585 per cylinder from tomorrow as compared to Rs 608.50 at present, said Indian Oil Corp ( IOC), the nation's largest oil firm.

This is the second reduction in rates in as many months.

Price of non-subsidised LPG was last cut by Rs 18 per cylinder to Rs 608.50 from July 1.

Non-subsidised or market-priced LPG is one that consumers buy after exhausting their quota of 12 bottles of 14.2-kg each at subsidised rates in a year.

Subsidised LPG costs Rs 417.82 per 14.2-kg cylinder in Delhi.